Korea

MegazoneCloud Achieves Profitability Turnaround with $1.16 Billion Revenue in 2025

* Revenue grows 28% YoY… EBITDA reaches $13.8M and net profit $5.4M  * Strong AWS growth drives momentum as Google business surpasses $132.9M run rate… AI & security revenue reaches $292.2M  * Expanding new businesses backed by $398.5M in available capital SEOUL, South Korea, April 7, 2026 /...

2026-04-08 08:51 6447

From Festival to Framework: How Korea is Boosting Domestic Spending Through a Nationwide Shopping Event

* A nationwide initiative is linking tourism, retail, and small businesses to turn local consumption into a coordinated economic stimulus SEOUL, South Korea, April 7, 2026 /PRNewswire/ -- Amid evolving global economic conditions, South Korea is exploring a distinctive approach to economic stimu...

2026-04-07 20:00 5129

HD Hyundai Avikus Spearheads Global Standards of Autonomous Navigation Support

* First universal autonomous navigation support system to receive TA, accelerating commercialization * Validation from DNV over three years, expected to contribute to IMO autonomous navigation standards * "HD Hyundai will advance the commercialization of autonomous navigation technology whi...

2026-04-07 14:44 4343

Mayor of Plano, U.S., Visits SK Signet Headquarters to Strengthen North American EV Charging Infrastructure Partnership

SEOUL, South Korea, April 6, 2026 /PRNewswire/ -- SK Signet (KONEX: 260870), a global manufacturer of high-power EV charging solutions based in South Korea, announced on April 2nd that the Mayor of Plano, Texas, and an official delegation visited its headquarters and the R...

2026-04-06 20:30

GC Biopharma Enhances IVIG Safety Profile with Advanced Prothrombotic Impurity Detection Technology

* Proprietary analytical method for precise Factor XI (FXI) measurement published in the Journal of Microbiology and Biotechnology * Novel IgG Blocker eliminates heterophilic antibody interference, ensuring clinical-grade purity and mitigating thromboembolic risks YONGIN, South Korea, April 6...

2026-04-06 14:28

Korea's Supreme Court Upholds Korea Zinc's Voting Restriction, Rebuffing Young Poong's Legal Challenge

Supreme Court dismisses Young Poong's final appeal, with all three court levels confirming the legality of Korea Zinc's voting rights restrictions Final judgment clears Korea Zinc management of all allegations concerning breach of trust and violations of the Fair Trade Act Ruling secures the sta...

2026-04-03 21:00 7829

LG Energy Solution Becomes First Battery Company to Join SDVerse, Global B2B Marketplace for Automotive Software

■ LG Energy Solution's participation in SDVerse, the first B2B marketplace for automotive software, reflects the company's leadership expanding beyond battery manufacturing into software and services ■ Company offers its five core battery software solutions optimized for the SDV environment SEO...

2026-04-03 08:36 5558

LG Chairman Kwang Mo Koo Visits U.S. ESS Hub 'Vertech,' Emphasizing Leadership in AI-Era Energy Infrastructure

SEOUL, South Korea, April 2, 2026 /PRNewswire/ -- Kwang Mo Koo, Chairman and CEO of LG Corp., recently visited the United States to review the Group's future growth strategies, focusing on energy infrastructure as a backbone of the AI era.

2026-04-03 08:31 7736

Gaudio Lab Makes NAB Show Debut, Unveiling AI-Powered Content Localization Platform "Gaudio Studio Pro"

SEOUL, South Korea, April 2, 2026 /PRNewswire/ -- Gaudio Lab, a leading AI audio technology company, today announced its participation in NAB Show 2026, taking place April 19–22 at the Las Vegas Convention Center. NAB Show is the world's largest event for the media, entertainment, and broadcast t...

2026-04-02 23:00 6521

COSRX Expands Amazon U.S. Lineup with Renewed Toner Pads and Viral 5 PDRN Eye Patch

NEW YORK, April 2, 2026 /PRNewswire/ -- With skin longevity, barrier-first skincare, and "low-effort, high-impact routines" trending across TikTok and search in 2026, one question continues to surface: What is the simplest way to improve skin texture, hydration, and glow - without adding more ste...

2026-04-02 22:00 5314

THE KOREA INDUSTRY DAILY: Korea Pavilion Concludes Successful Showcase at JEC World 2026, Secures $450,000 in Export Deals and Expands Global Partnerships

PARIS, April 2, 2026 /PRNewswire/ -- The Korea Carbon Industry Promotion Agency (Kcarbon), in collaboration with Gyeongsangbuk-do, successfully concluded its participation in JEC World 2026, the world's largest composites exhibition, held from March 10 to 12 in Paris, France. Through the operatio...

2026-04-02 20:00 5273

Ettifos Successfully Showcases Interoperable V2X Tolling with Audi and Kapsch

SEOUL, South Korea, April 1, 2026 /PRNewswire/ -- Ettifos, a leading provider of C-V2X solutions, announced the successful completion of real-world V2X tolling demonstrations on March 26 in North Carolina. The demonstrations, in collaboration with Audi and Kapsch TrafficCom, validated low-latenc...

2026-04-01 14:33 2974

Hanon Systems Supplies Highly Integrated Cooling Entity for Electric Vehicles

SEOUL, South Korea, March 31, 2026 /PRNewswire/ -- Hanon Systems (KS:018880), a leading global automotive thermal management supplier and subsidiary of Hankook & Company Group, today announced the company is supplying its innovative highly integrated cooling entity for electric vehicles.

2026-04-01 08:00 5659

Samsung Biologics completes acquisition of GSK's manufacturing facility in Rockville, Maryland

* Adds 60,000 liters of drug substance capacity, bringing the total to 845,000 liters * Marks Samsung Biologics' geographical diversification and establishes its first U.S. manufacturing presence, expanding regional client support * Plans further investments to add capabilities and strengthe...

2026-03-31 22:00 6396

Yanolja Reports 2025 Financial Results

* Consolidated Revenue Surpasses KRW 1 Trillion, Up 11% Year Over Year * Enterprise Solutions Drive High-Margin Growth NEW YORK, March 31, 2026 /PRNewswire/ -- Yanolja Co., Ltd. ("Yanolja"), a global travel technology company, today announced its full year 2025 results under Korean Internati...

2026-03-31 20:00 4970

Daesang Group Wins Two Gold Awards at the 2026 MUSE Creative Awards

- Wins Gold in Social Media and Event Categories at the IAA MUSE Creative Awards - Recognized for Social Media Strategy for Jongga and Ofood and Global Student Film Festival E.T.F.F. SEOUL, South Korea, March 31, 2026 /PRNewswire/ -- Daesang Group announced on the 31st that it has won two Gold Aw...

2026-03-31 20:00 5260

NAVER D2SF Makes Follow-On Investment in Nuvilab, AI Nutrition Analytics Startup

SEONGNAM, South Korea, March 30, 2026 /PRNewswire/ -- NAVER D2SF, the corporate venture capital arm of NAVER, has made a follow-on investment in Nuvilab, an AI-powered nutrition analytics healthcare startup. Following its seed investment shortly after the company's founding in 2021, NAVER D2SF ha...

2026-03-31 08:30 5448

NAVER D2SF Makes Follow-On Investment in Soundable Health, an AI-Driven Health Tech Startup Scaling in the U.S. Market

SEOUL, South Korea, March 30, 2026 /PRNewswire/ -- NAVER D2SF, the corporate venture capital arm of NAVER, has made a follow-on investment in Soundable Health, a health tech startup leveraging AI-powered acoustic analysis to enable clinical-grade diagnostics through everyday devices. Having parti...

2026-03-31 08:30 5989

MegazoneCloud and AVITA, a leading AI avatar company, partner to bring physical AI to market

Co-development of physical AI services integrating AI avatars and autonomous robots Exploration of applications across retail, finance, manufacturing and public sectors SEOUL, South Korea, March 29, 2026 /PRNewswire/ -- MegazoneCloud, a leading AI-native digital transformation company, today ann...

2026-03-30 10:35 6779

DEEPX Secures 27 Commercial Orders Across 8 Countries Within 7 Months of Mass Production

Global adoption of Physical AI chips accelerates as industry demand expands across robotics, smart factories, and edge AI — backed by a growing partner ecosystem and an early global supply chain spanning Asia, North America, and Europe. SEOUL, South Korea, March 27, 2026 /PRNewswire/ -- DEEPX, a...

2026-03-27 21:00 8773
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